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Cascading failure is failure of individual components in a network which affects the performance of the system or connected systems. Global reinsurers have risk models to quantify this risk and help businesses and governments take proactive measures to limit the worst consequences of cascading failures.
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The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.
